High Street, Heytesbury, Warminster, Wiltshire, BA12 0ED
This truly is an outstanding opportunity to run one of Wiltshire's most desirable destination pubs with the benefit of four ensuite letting rooms and a discounted rent for the right operator!
This traditional English Inn has built an excellent reputation for good food in a relaxed atmosphere. After undergoing a comprehensive refurbishment a few years ago this site is an eclectic blend of traditional and contemporary styles, providing a cosy atmosphere of exposed bricks and beams whilst keeping on-trend with stylish furniture. Diners can choose to relax at the bar or eat in a more formal restaurant environment. There is also a small coffee snug to retire to after a meal or for a drink. The opportunity to further develop the letting side of the business should also attract the right applicants to take on this well known and loved site.
There are two main bar areas and a snug suitable for dining. There are currently 69 covers spread through these three areas. Externally there is a patio area accessed through the main bar.
|Car park spaces||8|
|Rooms to let||4|
Private accommodation includes a managers flat featuring two rooms with ensuite facilities, living room, kitchen, an office and a laundry room.
|Annual rent||£25,000 per annum|
|Weekly rent||£480.77 per week fixed|
£25,000.00 per annum, £480.77 per week fixed and subject to annual RPI increase, which is capped. Turnover royalty percentage calculated and charged weekly as long side fixed rent. Paid weekly by direct debit subject to credit check. Machine income free of tie.
Entry Costs approx £25,325 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000). *Please note that the F&F would be suitable for rental, full purchase cost would be approximately £18,000.00
|Fixtures & fittings||£0||Working capital||£10,000|
|Other costs||£8,150||Total entry cost||£25,325|
Flexible Foundation Agreement - giving you the ability to build trade and have lower ingoing costs. Flexible terms available by negotiation. Basic rent plus a Turnover Royalty percentage. Discounted price list unique to the Turnover Agreement.
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
|Volume notes||This pub has been free of tie for wines and spirits.|
The pub is situated in the lovely Wiltshire village of Heytesbury which is located just south of Warminster on the main A36 road to Salisbury. Just a few minutes drive from nearby attractions Longleat, Stourhead or Stonehenge it's no surprise this site is rated an 8.7 on TripAdvisor for location!